Articles
This CBS News article highlights a unique short-term rental in Minnesota: a grain bin converted into an Airbnb. While it doesn't offer specific strategies, it showcases the popularity of unique properties and offers design inspiration.
This article from Aspen Daily News reports that other Colorado resort towns are implementing stricter regulations on short-term rentals. Hosts in Colorado and similar resort areas should be aware of potential changes to local regulations that could impact their ability to operate.
The Aspen Board of Realtors has filed a lawsuit against the city of Aspen. Hosts in Aspen should monitor the situation and stay informed about potential legal or regulatory changes impacting short-term rentals.
This article discusses government officials in Aspen, CO, and their approach to residential development, which could include short-term rentals. Hosts in Aspen should monitor local regulations and any potential changes to development policies that may impact their ability to operate.
This article recaps key trends and challenges in the short-term rental industry from 2021, including market competition, the importance of dynamic pricing, and the ongoing struggles with cleaning and turnover management. Hosts should pay attention to how dynamic pricing can increase revenue and consider the impact of market competition and cleaning challenges on their business.
Carbondale trustees are pursuing limits on short-term rentals. This suggests potential changes to local regulations that could impact your ability to operate or manage STRs in the area. Hosts should monitor local news for updates and be prepared to comply with new rules.
This article discusses new holiday rules for Airbnb owners in San Juan Capistrano for 2022. Hosts in this area should review these new regulations to ensure compliance and avoid potential penalties.
Clark County, Nevada, is seeking resident input via a survey regarding short-term rentals. Hosts in Clark County should be aware of this survey, as it may influence future regulations and policies related to STRs.
This Get Paid For Your Pad episode discusses strategies for setting up an Airbnb listing for faster profits. It covers a 5-step framework including how to decide where to invest, when to launch, optimize titles, and price your property. Implement these strategies to get more bookings.
Summit County, CO finalized a new short-term rental ordinance, designating Peak 7 as a neighborhood zone. Hosts in this area should familiarize themselves with the new regulations to ensure compliance.
This article summarizes multiple episodes of the "Get Paid For Your Pad" podcast, focusing on revenue management, CEO focus, and strategic insights for STRs. Hosts should focus on building consistent pricing routines, identifying business bottlenecks, and understanding the differences between hotel and STR revenue management strategies.
Summit County commissioners are debating the appropriate short-term rental zone for the Peak 7 area. Hosts in the region should stay informed about these zoning decisions, as they can significantly impact the legality and operation of their rentals.
A short-term rental ordinance is on the Glendora City Council agenda. Hosts in Glendora should pay close attention to any proposed changes to local STR regulations, as these could impact their ability to operate or require changes to their business.
A grassroots group in Carbondale, CO, believes short-term rentals are limiting housing options for long-term residents. Hosts should be aware of local sentiment regarding STRs, as it can influence future regulations and community support.
This article discusses how to build long-term wealth by acquiring Airbnb properties, focusing on the hybrid business model of rental arbitrage, management, and ownership. Hosts can learn from the experience of an Airbnb investor on how to buy their first property and finance it. The article also touches upon revenue management strategies and CEO-level focus for STR businesses, offering practical frameworks and insights for hosts to improve their operations.
This article recaps several episodes of "Get Paid For Your Pad" that cover revenue management, CEO focus in STR businesses, the differences between hotel and STR revenue management, and the hectic host stage. Hosts can learn how to optimize pricing routines, identify business bottlenecks, and adapt their strategies based on booking windows and market volatility.
Aspen, Colorado has suspended new home construction permits to address housing affordability. This could impact the local short-term rental market by potentially limiting the supply of new units available for hosting.
This article discusses the potential challenges facing Airbnb in Durango, CO. Hosts should be aware of potential market shifts and adjust their strategies accordingly.
This New York Times article from 2021 discusses how New York City is cracking down on illegal Airbnbs due to the housing crisis. Hosts in NYC should be aware of local regulations regarding STRs to avoid penalties and contribute to the city's housing needs.
This article discusses Nestpick and Sublet.com, platforms specializing in mid-term rentals (30 days to a year) that can be more profitable than long-term unfurnished leases and have lower operating costs than daily stays. Hosts can leverage these platforms to cater to remote workers and digital nomads and potentially benefit from lower service fees.
This article discusses strategies for finding and securing new Airbnb properties, emphasizing the need to build influence and stay top-of-mind within your network to attract opportunities. It highlights the importance of consistent marketing efforts and taking daily actions to grow your short-term rental business. Hosts should focus on dominating one marketing channel and communicating authentically with their target audience.
Newport Beach is tightening restrictions on short-term rentals after Coastal Commission approvals. Hosts in Newport Beach should be aware of these new regulations and ensure their rentals comply.
This article discusses changes to short-term rental rules in Newport Beach, CA, following comments from the Coastal Commission. Hosts in Newport Beach should be aware of these alterations to ensure compliance with local regulations. Reviewing and updating listings and operations to meet new standards is recommended.
This article discusses changes to short-term rental rules in Newport Beach, CA, following comments from the Coastal Commission. Hosts in the area should review the updated regulations to ensure compliance and avoid potential issues.